Stephen Gaines has stepped down as managing director and head of U.S. corporate finance for KPMG, according to an email he sent earlier today to friends and colleagues. He had joined KPMG in 1993, and took over the corporate finance group in June 2001. In his email, Gaines wrote: I have been with the firm for 17 years, the last 8 leading the Corporate Finance business. My decision to leave has been brewing for a while as I am looking to pursue other interests. First, however, I plan on taking a few months off to rest, relax and get to know myself and my family a bit better than the pace of the last 17 years allowed. peHUB has put in a call to KPMG about who might replace Gaines
1 min read · 16 September 2009
Jim Lindner has joined Norwest Equity Partners as an operating partner, focus a focus on the technology and business services sectors. He is the current chairman and former CEO of NEP portfolio company Mitchell International, a San Diego-based provider of information services, software and ebusiness solutions for the automotive and workers’ compensation insurance claims processing industry.
3 min read · 16 September 2009
Lawrence Portman has joined Rothschild as a managing director and head of consumer products for the Americas. He previously was head of Citigroup's North American food and beverage practice.
2 min read · 16 September 2009
1 min read · 16 September 2009
Joe Radecki has joined Lincoln International as a managing director and head of the firm's U.S. restructuring and special situations group. He previously led restructuring groups at banks like Jefferies, CIBC and Piper Jaffray.
5 min read · 16 September 2009
Bob Jenkins and Jim Sutcliffe have joined CVC Capital Partners as senior advisors, with a focus on the financial services sector. Jenkins is the former chairman and CEO of F&C Asset Management, while Sutcliffe was CEO of Old Mutual PLC.
4 min read · 16 September 2009
Trans-Trade Inc., a Texas-based logistics company, has raised an undisclosed amount of private equity funding from Milestone Partners. It also has secured $13 million from Fifth Street Finance, which disclosed the deal in a newsletter. www.transtrade.com
1 min read · 16 September 2009
1 min read · 16 September 2009
Laura Prager and Linda Prager have joined interdealer broker ICAP PLC, as co-heads and managing director of a new alternative investments group that will serve as a secondaries intermediary. Laura previously founded LP Strategic Capital, while Linda was US head of Citiy’s prime brokerage business consulting practice. The two are sisters.
3 min read · 16 September 2009
1 min read · 16 September 2009